Accession Number:

AD0742405

Title:

A Note on a Constant Ratio Elasticity of Substitution (CRES) Production Function,

Descriptive Note:

Corporate Author:

RAND CORP SANTA MONICA CALIF

Personal Author(s):

Report Date:

1971-12-01

Pagination or Media Count:

14.0

Abstract:

In the paper the author derives the values of the parameters that are consistent with convex isoquants in the positive quadrant by minimizing the cost of producing a stated output. The author shows the returns to scale consistent with the possible sets of values for the parameters of the constant ratio elasticity of substituion production function. Author

Subject Categories:

  • Economics and Cost Analysis

Distribution Statement:

APPROVED FOR PUBLIC RELEASE